The healthcare expenditure on residential long-term care facilities in France has seen a steady increase from 2013 to 2023, with a notable value of 37.23 billion Euros in 2023. The year-on-year growth has varied, with significant increases in particular years such as 2020. Over the last two years, the growth rate has slowed slightly but remains positive. Specifically, 2021 witnessed a 5.47% rise, 2022 saw a 2.8% increase, while 2023 experienced a 2.67% growth. The compound annual growth rate (CAGR) over the past five years stands at 4.51%, indicating a robust and consistent upward trend.
Looking ahead, the expenditure is forecasted to continue increasing, albeit at a slower rate, with a 5-year forecasted CAGR of 1.8% leading to a total growth of 9.35% by 2028. Key future trends to observe include demographic shifts such as an aging population, policy changes impacting healthcare funding, and technological advancements in long-term care management that might influence future expenditures.
